Cato Corp


  • Cato posts 3Q profit Thursday, 20 Nov 2014 | 7:21 AM ET

    CHARLOTTE, N.C. _ Cato Corp. on Thursday reported net income of $5.7 million, or 20 cents per share, in its fiscal third quarter. The company, based in Charlotte, North Carolina, posted revenue of $216 million in the period. Cato expects full-year earnings to be $1.95 to $1.99 per share.

  • Watch Cashin: More selling likely if this happens Tuesday, 20 May 2014 | 1:03 PM ET

    Art Cashin of UBS Financial Services tells CNBC's Bob Pisani why investors should be watching for a key level on the Nasdaq.

  • India ala Modi: Investors swoon over new leader Friday, 16 May 2014 | 10:34 AM ET
    Bharatiya Janata Party (BJP) leader Narendra Modi.

    India's new pro-growth leader is eliciting swoons from the investor class. How do investors play Bombay's market?

  • Stock market dips despite positive developments Thursday, 8 May 2014 | 2:25 PM ET
    Traders work on the floor of the New York Stock Exchange.

    Central bank comments, retail sales, stabilization in internet stocks and the Cheetah Mobile IPO help markets.

  • Yellen puts fear of Fed into emerging markets Thursday, 20 Mar 2014 | 9:36 AM ET
    Federal Reserve Board Chair Janet Yellen speaks during a news conference March 19, 2014 at the Federal Reserve Board in Washington, DC.

    Janet Yellen left traders with three takeaways: the dollar will strengthen, rates will rise, and easy money policies are on their way out.

  • China, copper and the U.S. stock market Tuesday, 11 Mar 2014 | 3:33 PM ET

    Copper continues to crumble amid China growth worries and a weak Yuan. Strong global growth is key to keep stocks at records.

  • Banks exit 'bargain' basement, set tone for rally Thursday, 6 Mar 2014 | 9:46 AM ET
    A trader works the floor of the NYSE.

    Stocks are at new highs, but where are the bargains? Big financials are mounting an impressive rally.

  • Retailers reporting weak profits, outlooks abound Friday, 10 Jan 2014 | 11:23 AM ET
    A woman shops for jewellery at a Kohl's department store in Alhambra, California.

    Many U.S. retailers had to ramp up promotions last month as shoppers continued to watch their spending during the holiday season.

  • What, 50% off wasn't enough? Retail a big letdown Thursday, 9 Jan 2014 | 10:05 AM ET

    Macy's is becoming an innovator, but don't expect that to carry through to other retailers.

  • It gets worse: Retail discounts go even deeper Thursday, 5 Sep 2013 | 10:20 AM ET

    Many U.S. retailers reported stronger-than-expected August sales on Thursday, but they had to use steep discounts to woo back-to-school shoppers.

  • With US help, Europe and China show green shoots Thursday, 8 Aug 2013 | 10:28 AM ET
    View from Dollar Mountain in Sun Valley, Idaho.

    Data from Europe and China are looking up. These figures support the thesis that the U.S. recovery is a help to China, and is even trickling down to Europe.

  • Retailers forced to discount to lure shoppers Thursday, 8 Aug 2013 | 9:45 AM ET

    A group of large US retailers reported higher sales for July, but had to resort to bargains to lure shoppers who are still careful in their spending while the job market recovers.

  • Gas Prices Help Costco Top Estimates, L Brands Misses Thursday, 11 Jul 2013 | 10:55 AM ET
    Customers shop at a Costco store.

    Costco Wholesale reported June same-store sales that beat analysts' estimates, while L Brands sales came in lower than expected.

  • Consumers Keep Retailers Humming as Sales Rise Thursday, 6 Jun 2013 | 11:42 AM ET

    Major retail chains reported sales increases for May that were generally in line with Wall Street's expectations, suggesting consumer spending continues to improve moderately.

  • Frugality Drags Retail Sales, Boosts Discounters Thursday, 9 May 2013 | 9:07 AM ET

    A number of top U.S. retailers reported disappointing April sales as consumers gravitated toward discount chains and bad weather delayed spring shopping in much of the country.

  • Unusually Cold March Puts a Chill in Retail Sales Thursday, 11 Apr 2013 | 8:37 AM ET

    Retailers broadly missed analysts' estimates for same-store sales in March, a month that typically sees cold weather and slow hiring in the early weeks.

  • Confidence Back? Several Retailers Top Sales Forecasts Thursday, 7 Mar 2013 | 8:39 AM ET

    After a difficult January, when shoppers first felt the effect of a payroll tax hike that lowered take-home pay by 2 percent, some retailers got a little relief in February from growing employment and a rising stock market.

  • Retail Sales Beat Forecast Despite Payroll Tax Dent Thursday, 7 Feb 2013 | 10:12 AM ET

    Many top U.S. retailers reported strong January sales after offering compelling merchandise that drew in shoppers facing a hit to their take-home pay from higher payroll taxes.

  • Stock Market: Beginning of a Divergence? Thursday, 7 Feb 2013 | 9:47 AM ET
    NYSE traders

    Beginning of a divergence? Sales of bonds have been the fuel for the stock market rally. However, stocks have moved sideways in the last few days, but the bond market is not being sold.

  • Are 'Three Gorges' the New 'Fiscal Cliff'? Thursday, 3 Jan 2013 | 9:41 AM ET
    Taroko Gorge, Taiwan

    Forget the rally; all the headlines were about fears of the looming mini-"fiscal cliff" coming. Let's agree on one thing: get rid of the word "fiscal cliff." So 2012. We need a new term.